Procurement Analyst

First Horizon Bank•Knoxville, TN

1d•Onsite

About The Position

Responsible for supporting the end-to-end procurement process, with a strong focus on data analytics, requisition execution from approved contracts, and delivering exceptional service to internal business partners. The ideal candidate will have experience operating in a controlled environment and an understanding of procurement practices that align with regulatory expectations, including third-party risk management, audit readiness, and policy compliance.

Requirements

Bachelor’s degree in Business, Finance, Supply Chain, or a related field (or equivalent experience)
Strong analytical and problem-solving skills with advanced proficiency in Excel (pivot tables, data analysis, reporting)
Strong attention to detail with a focus on accuracy and compliance
Excellent communication skills with the ability to interact effectively with cross-functional stakeholders

Nice To Haves

Experience with procurement or ERP platforms (e.g., Coupa, Ariba, SAP) preferred

Responsibilities

Serve as a key member of the Procurement Operations function, supporting enterprise-wide procurement activities in a regulated financial institution
Analyze procurement and spend data to identify trends, cost-saving opportunities, and process efficiencies while supporting reporting requirements for leadership and audit
Create and manage purchase requisitions based on executed and approved contracts, ensuring alignment with contract terms, pricing, and internal controls
Act as a primary point of contact for internal stakeholders, providing guidance on procurement policies, procedures, and systems
Ensure all procurement activities comply with internal policies, as well as regulatory expectations related to third-party risk management (TPRM), vendor due diligence, and audit requirements
Partner closely with Sourcing, Vendor Management, Legal, Risk, and Finance teams to ensure proper onboarding and ongoing management of third parties
Maintain accuracy and integrity of procurement data within systems (e.g., Coupa, Ariba, SAP), supporting audit and regulatory reviews
Assist in the preparation of documentation and reporting for internal audits, regulatory exams, and compliance reviews
Identify and implement process improvements to enhance operational efficiency and control effectiveness
Support the development and maintenance of standard operating procedures (SOPs) and internal controls
Other duties as needed.